SCOTTISH EQUITY PARTNERS LLP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-20 (in 6mo)
Last made up 2025-11-06
Watchouts
None on the register
Cash
£13M
Latest balance sheet
Net assets
£11M
Equity attributable
Employees
28
Average over period
Profit before tax
£2M
Period ending 2025-03-31
Name history
Renamed 1 time since incorporation
- SCOTTISH EQUITY PARTNERS LLP 2008-11-03 → present
- 17B2 LLP 2008-05-02 → 2008-11-03
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £7,926,954 | £9,977,469 | |
| Operating profit | £2,104,711 | £1,937,755 | |
| Profit before tax | £2,424,884 | £2,370,659 | |
| Net profit | £2,364,954 | £2,564,029 | |
| Cash | £10,074,566 | £13,393,543 | |
| Total assets less current liabilities | £11,094,292 | £10,848,794 | |
| Net assets | £10,724,075 | £10,671,947 | |
| Equity | £10,724,075 | £10,671,947 | |
| Average employees | 27 | 28 | |
| Wages | £3,085,995 | £4,338,033 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 26.6% | 19.4% | |
| Net margin | 29.8% | 25.7% | |
| Return on capital employed | 19.0% | 17.9% | |
| Gearing (liabilities / total assets) | 24.6% | 23.6% | |
| Current ratio | 6.06x | 5.37x | |
| Interest cover | 528.03x | 285.59x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Partnership has been assessed by the Members and is continuing as a going concern.”
Group structure
- SCOTTISH EQUITY PARTNERS LLP · parent
- SEP II GP Limited 100%
- SEP II Founder Partner GP Limited 100%
- SEP III GP Limited 100%
- SEP IV General Partner Limited 100%
- SEP V General Partner Limited 100%
- SEP VI General Partner Limited 100%
- SEP EEF General Partner Limited 100%
- SEP IV GP Founder Partner LLP 100%
- SEP EEF GP Founder Partner LLP 100%
- SEP V GP Founder Partner LLP 100%
- SEP VI GP Founder Partner LLP 100%
- SEP II & III GP LLP 100%
- SEP IV GP LLP 100%
- SEP V GP LLP 100%
- SEP VI GP LLP 100%
- SEP EEF GP LLP 100%
Significant events
- “In the previous accounting period the Group elected to change its year end to 31 March (previously 30 June). The financial statements for 31 March 2025 are for 12 months, while the comparative financial statements are for the nine month period ended 31 March 2024 and therefore not directly comparable.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVISON, Andrew Peter | Llp Designated Member | 2008-10-31 | Aug 1967 | — |
| PATERSON, Calum Macdonald | Llp Designated Member | 2008-05-02 | Apr 1963 | — |
| CONROY, Angus Mark | Llp Member | 2025-10-01 | Jun 1988 | — |
| DAVIDSON, Keith | Llp Member | 2019-08-20 | Dec 1977 | — |
| MCLATCHIE, Fraser | Llp Member | 2025-11-01 | Dec 1979 | — |
| RUTHERFORD, Jan | Llp Member | 2019-08-20 | Dec 1970 | — |
| SEP VENTURES LIMITED | Corporate Llp Member | 2008-10-31 | — | — |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SPARROW, Richard Ian Alexander | Llp Designated Member | 2008-05-02 | 2015-06-30 |
| KERR, Brian Alexander | Llp Member | 2008-10-31 | 2014-01-31 |
| LE SUEUR, Gary De Vinchelez | Llp Member | 2008-10-31 | 2020-06-30 |
| PATERSON, Stuart | Llp Member | 2008-10-31 | 2025-04-01 |
| ROBISON, Antony Lawrence | Llp Member | 2019-08-20 | 2025-10-31 |
| SNEDDON, David John | Llp Member | 2008-10-31 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Peter Davison | Individual | voting-rights-25-to-50-percent-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership | 2025-10-01 | Active |
| Mr Calum Macdonald Paterson | Individual | voting-rights-25-to-50-percent-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-03 | AA | accounts | Accounts with accounts type group | |
| 2025-11-17 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-03 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2025-11-03 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-10-28 | LLPSC01 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2025-10-21 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2025-10-13 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2025-09-24 | ANNOTATION | miscellaneous | Legacy | |
| 2025-07-31 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2025-07-31 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2025-07-24 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-22 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-17 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-04-07 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2024-12-11 | AA | accounts | Accounts with accounts type group | |
| 2024-11-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-11 | AA | accounts | Accounts with accounts type group | |
| 2024-01-10 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2023-12-12 | LLAA01 | accounts | Change account reference date limited liability partnership current shortened | |
| 2023-11-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31